Browsing: Bankruptcy

Swedish battery manufacturer Northvolt has filed for bankruptcy, citing financial pressures and operational hurdles that led to the decision. The…

Phil Molyneux has stepped down as CEO of Rad Power Bikes as the company undergoes a strategic realignment. The electric…

Swedish battery cell manufacturer Northvolt may be on the verge of filing for bankruptcy in Sweden if it fails to…

Swedish truckmaker Scania said on Monday it has secured an additional battery cell supply beyond its existing deal with Northvolt,…

Nikola Motors has issued a recall for up to 95 Tre hydrogen fuel cell electric semis due to concerns that…

The global battery market experienced rapid growth in 2024, fueled by a surge in electric vehicle (EV) sales, while the…

The chief executive officer of electric vehicle startup Canoo has made an offer to purchase nearly all of the company’s…

Electric truck startup Nikola is seeking to sell its entire business by April as part of its Chapter 11 bankruptcy…

Electric-truck maker Nikola has filed for Chapter 11 bankruptcy protection and will pursue a sale of its assets, the company…

Sweden’s Northvolt has agreed to sell its industrial battery pack business to truckmaker Scania, the companies said on Tuesday, as…

Volvo Cars  will not make any payment to Northvolt for acquiring its 50% stake in their Novo Energy battery joint…

Electric-truck maker Nikola is reportedly nearing a bankruptcy filing, according to sources cited by the Wall Street Journal. The Arizona-based…